About Burgan Bank
Burgan Bank is a company based in Kuwait City (Kuwait) founded in 1977 was acquired by KIPCO in June 1995.. Burgan Bank has completed 1 acquisition, including United Gulf Bank. Burgan Bank operates in a competitive market with competitors including Scotiabank, National Bank of Kuwait, Kuwait Finance House, Boubyan Bank and Kuwait International Bank, among others.
- Headquarter Kuwait City, Kuwait
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
$0 (USD)0as on Dec 31, 2025
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Net Profit
$0 (USD)0as on Dec 31, 2025
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EBITDA
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Latest Funding Round
$235.43 M (USD), Debt – Conventional
Nov 29, 2021
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
KIPCO
(Jun 01, 1995)
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Funding Insights of Burgan Bank
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $235.4M
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First Round
First Round
(30 Dec 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Debt – Conventional - Burgan Bank | Valuation |
investors |
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| Dec, 2012 | Amount | Debt – Conventional - Burgan Bank | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Burgan Bank
Burgan Bank has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include KIPCO. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment holding company
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Burgan Bank
Burgan Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include United Gulf Bank. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Investment banking and asset management services are provided in MENA.
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1980 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Burgan Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Burgan Bank Comparisons
Competitors of Burgan Bank
Burgan Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, National Bank of Kuwait, Kuwait Finance House, Boubyan Bank and Kuwait International Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Kuwait.
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| domain | founded_year | HQ Location |
Operates as a commercial bank providing deposits, loans, and payment services to customers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Burgan Bank
Frequently Asked Questions about Burgan Bank
When was Burgan Bank founded?
Burgan Bank was founded in 1977 and raised its 1st funding round 35 years after it was founded.
Where is Burgan Bank located?
Burgan Bank is headquartered in Kuwait City, Kuwait.
Who is the current CEO of Burgan Bank?
Fadel Mahmoud Abdullah is the current CEO of Burgan Bank.
What does Burgan Bank do?
Burgan Bank, led by Mishary Alessa as Deputy General Manager Head of Investments, Fadel Mahmoud Abdullah as CEO, Ali Murat Dinc as CEO, specializes in offering financial products and advice, banks, and commercial banks. Commercial bank. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Who are the top competitors of Burgan Bank?
Burgan Bank's top competitors include Scotiabank, Kuwait Finance House and National Bank of Kuwait.
How many acquisitions has Burgan Bank made?
Burgan Bank has made 1 acquisition, including United Gulf Bank.
Who are Burgan Bank's investors?
Burgan Bank has 1 investor. Key investors include KIPCO.